Commerce questions and answers

Commerce Questions and Answers

Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.

2,921.

Which of the following is used to inform the addressee that a registered parcel is ready for collection?

A.

Express label

B.

Counterfoil

C.

Telegram

D.

Slip

Correct answer is D

No explanation has been provided for this answer.

2,922.

The unit through which result of a processed data are displayed is the?

A.

logic unit

B.

display unit

C.

control unit

D.

output unit

Correct answer is D

No explanation has been provided for this answer.

2,923.

Which of these insurance principles requires a close connection between the actual loss suffered and the risk insured?

A.

indemnity

B.

proximate cause

C.

Contribution

D.

Subrogation

Correct answer is B

No explanation has been provided for this answer.

2,924.

the machine used for sending telex messages is known as a?

A.

radar

B.

fax machine

C.

dictaphone

D.

teleprinter

Correct answer is B

No explanation has been provided for this answer.

2,925.

Under the endowment policy, the money handed over to the insured at the expiration of the stipulated time or at death is the?

A.

indemnity

B.

surrender value

C.

lump sum benefit

D.

insurance premium

Correct answer is C

No explanation has been provided for this answer.